Marc Andreessen said “it’s time to build” but the tech-right political/economic agenda is very clearly a fundamentally destructive project rather than a constructive one, and that’s being reflected in the economy - ThreadSky

jdcmedlock.bsky.social • 53 days ago

Marc Andreessen said “it’s time to build” but the tech-right political/economic agenda is very clearly a fundamentally destructive project rather than a constructive one, and that’s being reflected in the economy

Reposted from Joe Weisenthal

CREATIVE DESTRUCTION WITHOUT THE CREATION

In today's Odd Lots newsletter, I wrote about what I see as the problem with some rationalizations of the recent volatility

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Comments

minerva1.bsky.social•53 days ago

They aren’t capable of creation.

hikoukihikouki9.bsky.social•53 days ago

Fundamentally what these people mean by "build stuff" is "crypto rugpulls" and not, like, prefabricated large apartments

benjaminchambers.bsky.social•53 days ago

also they mean 'build stuff' in the trump sense of self-promotion and putting your name on stuff

ronnievara.bsky.social•53 days ago

Seek and destroy, never unite and build

credbook.bsky.social•53 days ago

I hate the way these Silicon Valley types talk about their works. They’re usually “building” something dystopian like an AI tool that scrapes social media data to improve targeted advertising. It’s never any a decent product to provide value to a consumer.

withdrama.bsky.social•53 days ago

"its time to build" says a cohort that doesn't provide any sort of useful service or product

jdcmedlock.bsky.social•53 days ago

There’s a lot of great stuff coming out about “abundance” and meanwhile the titans of the tech industry have embraced bizarro world degrowtherism, blocking housing in their backyards, destroying basic science research, and fearmongering about vaccines. Sad!

diacriticaz.bsky.social•53 days ago

It really seems like they're trying to manufacture a collapse similar to the end of the USSR so that they can snap everything up and emerge as actual oligarchs a la Russia.

wrongwatch.bsky.social•51 days ago

Could be the "tech industry" is coming to terms with the problems they are creating........

peark.es•53 days ago

Bingo

https://bsky.app/profile/peark.es/post/3lkg6sf2tt22s

djcasualties.bsky.social•53 days ago

Bloomberg is sounding the alarm? Oh, alright then.

opulenceihazit.bsky.social•53 days ago

Yeah, the way you square the circle is: they *think* their project is a constructive one, because they think that a whole bunch of *horns sound* INNOVATION is ready to spring forth from Zeus's head just as soon as enough oppressive taxation, regulation, and DEI is removed. Underpants gnome teleology

tkalee.bsky.social•52 days ago

📌

matty-lynn.bsky.social•53 days ago

So, the Yarvin nonsense of an oppressive- tech-complex-surveillance-society? Herd the masses. 1984 anyone?

esmevane.com•53 days ago

Stupidly, Yarvinism produces a very small group of obvious targets and a very strong accountability avoidance mechanism for a group of actual strongmen who can easily get rid of these feeble tech barons once their usefulness is over. “Monarchs” have to actually establish rule, tech or not.

orko.bsky.social•53 days ago

Malthusianism and its derivatives (social darwinism, etc.) have always been popular among the rich as a justification of their unfair structural privileges (that themselves often hold back growth). The thing that makes it surprising is how much they use the language of growth to do this these days

orko.bsky.social•53 days ago

The modern economic right is less about growing the economy so much as tory rentierism. "Pro-growth" politics these days is often just a kind of identity politics for business owners who want to believe they "built that" and don't think they deserve to be "punished for their success"

orko.bsky.social•53 days ago

If the identity politics of the privileged is the true basis of conservative economic thought, we shouldn't be surprised that it would eventually veer into "everyone should suffer so my business can thrive" and "you can't build there it will destroy my property value"

redtechnocrat.bsky.social•52 days ago

Perennial popularity with the Patricians. It's the same nonsense the Robber Barons used and which Wendell Holmes railed about in his Lochner dissent:
"The 14th Amendment does not enact Mr. Herbert Spencer’s Social Statics.”

redtechnocrat.bsky.social•52 days ago

Malthusianism also was popular among the Elites in the 1960s. The Club of Rome wasn't made up of paupers after all.

themalaiseoftech.bsky.social•52 days ago

You dont even need to be privileged. You just need to be disconnected from those around you and have a completely undeveloped theory of mind.

Our technological society does a fine job on its own, but massive wealth completely severs you from the plight of the common man.

hillbelichick.bsky.social•53 days ago

So basically acting how you might expect a Silicon Valley venture capital firm would, but on a whole ass country instead of a delivery app that secretly records your phone calls

caro-s.bsky.social•53 days ago

They severely underestimated the wrath of Canadians in general and the CBC audience.

vchapman.bsky.social•53 days ago

Burning our nation to the ground so they can rule over the ashes (plus tax cuts).

mdasilva.bsky.social•53 days ago

Basically they imagine a world free of the indignities of having to see, hear, think about, or interact with the unpolished masses. Let’s maintain a small elites and have them be served by robots.

jcinmd.bsky.social•52 days ago

Welcome to Trump’s MAGA America which is really controlled by tech billionaires who want AI to own & control us. But, first, democracy & regulation must be destroyed.

theboobla32.bsky.social•53 days ago

The tech people haven't embraced degrowth. Degrowth is everything they are opposed to. Clean air. Clean water. Universal health care. Freedom of movement. Abolition of zoning, height restrictions. Abolition of IP, surveillance, police, prisons, militaries. UBI. Shorter work week etc.

lenoxus.bsky.social•52 days ago

Most people who call themselves degrowthers are fans of housing restrictions because more housing is a kind of "growth" (yes, I know they're ignoring how car infrastructure takes the place)

theboobla32.bsky.social•52 days ago

Dense cities have lower throughput than sprawled out cities. The basic premise of degrowth is reducing throughput.

lenoxus.bsky.social•52 days ago

Oh i absolutely agree, but I think that in conversations about degrowth that would be considered "clever" rather than straightforward

theboobla32.bsky.social•52 days ago

It's straightforward for those who actually engage in the academic work, those who created the theory/concept of degrowth/those who teach & run the world's only Masters program in degrowth at University of Barcelona. Not your random NIMBY homeowner in the U.S who's never read any degrowth books

williamlmiller.bsky.social•53 days ago

I put an argument out in support of a UBI. https://bsky.app/profile/williamlmiller.bsky.social/post/3lk3dza2lsc26

theboobla32.bsky.social•53 days ago

Yes except for your stance that wealth inequality will remain & that we'll have trillionaires. More than 95% of capitalist wealth is unearned via land rents, IP, zoning, unpaid externalities, inheritance, surveillance, prisons, police, militaries, subsidies, colonialism, imperialism etc.

williamlmiller.bsky.social•53 days ago

I do not agree that anyone truly benefits from poverty. Everyone will be substantially better off with the ending of poverty through an investment based UBI patterned off of what has been successful in Alaska for nearly 50 years.

williamlmiller.bsky.social•53 days ago

I also firmly oppose the notion that comes from Jean Calvin of predestination and the idea of the Protestant Work Ethic he derived from it. The idea that wealth must be earned comes from those 500 year old ideas not from any economic science.

atrapter.bsky.social•53 days ago

are they so enmeshed in libertarian/ancap ideology that they don't know all this austerity will prevent growth? or are they just saying they want growth/abundance as a lie? or does it even matter why

scipie.bsky.social•53 days ago

Seems like they’re high on their own supply. Instead of any creation, like previous robber barons monopolizing their areas to create - their wealth is now just dependent on reverse robin hooding. They are dependent on wealth growth for their ego but have run out of ideas besides illusion & theft.

luminades.bsky.social•53 days ago

They do have some intended areas of "growth", but they aren't constructive ones; AI and crypto.

wargarurumon.bsky.social•53 days ago

They don't really see that as a replacement, what trump wants is autarky, because hurdur everything needs to be "made in us" duurrhhhh. Its basically degrowth but on the right

nextdoorsv.bsky.social•53 days ago

That said, Marc’s perspective on building housing near his 5 homes in Atherton are universally shared by all decent* people

(*homeowners)

jcinmd.bsky.social•52 days ago

This is not even well written the grammar is borderline Trump “bigly.” “But, but, we value our property values “massively” over our fellow human beings bc if they had any value they might be rich too instead of, you know, so middle class & below. Eeewww.”

dailydispatch.bsky.social•52 days ago

Bingo. This is exactly why housing is not getting built. Nobody wants their own property value to decrease. But it’s not shocking; that’s what happens when housing is viewed as a commodity and wealth building tool - instead of a necessity.

huntthesnark.bsky.social•53 days ago

The constructive bit comes later, when they knock down your house that's been REO'ed and build a server farm.

hyloguy.bsky.social•52 days ago

We were building back better under Biden

mmathog.bsky.social•53 days ago

If he was so good at building he’d focus on that instead of doing politics to supper his dumb grifts.

wat3rm370n.bsky.social•52 days ago

They believe in destroying what is to make something else. Curtis yarvin laid that out in his "covid style lockdown" scenario

samd.bsky.social•53 days ago

He also said “it’s time to build” and then fought against building housing in his bougie suburb

winnemackian.bsky.social•53 days ago

and then what he was "building" as an investor was NFTs and crypto - pathetic

stephenjudkins.bsky.social•53 days ago

"bougie" greatly undersells the exclusivity of Atherton

wat3rm370n.bsky.social•52 days ago

He's building something in northern California and sueing people using antitrust laws to force neighbors to sell

fischer.bsky.social•53 days ago

it’s exactly like when he said “it’s time to build” and then immediately tried to NIMBY an apartment building in his neighborhood

dereksagehorn.bsky.social•53 days ago

That’s right

https://bsky.app/profile/awalkerinla.bsky.social/post/3ljifiqmx6c2n

cc98.bsky.social•53 days ago

We need more Luigi's

smuuchii.bsky.social•53 days ago

please read yarvin.

the language fronting SV tech folks' operation cannot be parsed accurately without understanding the context.

mongrel.bsky.social•52 days ago

Move Fast And Break Things carried to the logical end point of just... running around like a weasel on crack, breaking everything.

leslieehrlich.bsky.social•53 days ago

They think they are above/don’t need government and don’t want to pay for it for the rest of us

jcinmd.bsky.social•52 days ago

Or else they want what’s left if govt to serve them. How many millions of Americans are asleep at the switch while tech bros destruction is being carried out by Musk with Trump propped up for his cult?

immanentizeslowly.bsky.social•53 days ago

building always happens at a hypothetical point 3-8 years in the future

lucastosborne.bsky.social•53 days ago

📌

ruoshuiresearch.bsky.social•53 days ago

egghead wants to take out shock absorbers and then monetize the chaos

bdowney.bsky.social•53 days ago

I keep coming back to this because as someone working in tech so much of what he has done is just the opposite of solving problems.

I watched through the pandemic as he and his ilk poured billions into startups which were the moral equivalent of MAGIC BEANS.

wargarurumon.bsky.social•53 days ago

Autarky is like degrowth but for the right. Something that on an emotional level seems right and unasailable but in practice is complete fucking bonkers and regressive

broxigar.daliban.co•53 days ago

the best thing that could come out of them is them going to war with the port unions. GODSPEED
but naaah. could be scary ofc but yeah

tarnado.bsky.social•53 days ago

It's time to EXTRACT

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